A brilliant trader bags $113,000 by trading USDN amid the stablecoin depegging to $0.51.
The USDN woes brought blessings to one smart trader who bagged $113,000 in a successful trade of the fading stablecoin. The dwindling stablecoin did not discourage the trader, but it was an opportunity to earn.
According to Lookonchain, the unnamed trader had a 100% winning rate, gaining profit every time he bought and sold USDN.
Source: https://crypto.news/trader-makes-113k-on-depegging-usdn/